Navigating the Tech Industry's Layoffs and Job Market.

1 min read
Source: Business Insider
Navigating the Tech Industry's Layoffs and Job Market.
Photo: Business Insider
TL;DR Summary

Software engineers have been hit hard by layoffs in the tech industry, representing nearly 20% of cuts despite making up only 14% of employees, according to data from Revelio Labs. This marks a shift from earlier layoffs, which were focused on future hiring and targeted recruiters and HR. The current focus on engineers suggests companies are now prioritizing current business and product needs. The job market for recently laid-off workers may be challenging, with some describing it as "hot garbage."

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